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Netflix, which has traditionally limited it theatrical releases, has said it will honor existing WBD cinematic contracts that run through 2029.
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The merger, announced Friday, would bring two of the industry's biggest players in film and TV under one roof. Beyond its television and motion picture division, Warner owns HBO Max and DC Studios.
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(NFLX) Netflix to Buy Warner Bros. in $72 Billion Cash, Stock Deal Bloomberg.comNetflix to Buy Warner Bros. in $83 Billion Deal to Create a Streaming Giant The New York TimesNetflix's plan to buy Warner Bros. throws the theater industry into upheaval CNBCNetflix announces deal to buy Warner Bros. and HBO CNN
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The blockbuster deal would give Netflix control of HBO and iconic franchises like Harry Potter and Batman.
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DGA Plans To Meet With Netflix Over "Significant Concerns" Regarding Streamer's Potential Warner Bros. Discovery Acquisition DeadlineHollywood Blockbuster: Netflix Poised to Win Battle for Warner Bros. The Hollywood ReporterNetflix clinches winning bid for Warner Bros. Discovery as A-list filmmakers warn of "dangerous" power shift The Hindu
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